Quebecor, Inc. (TSE:QBR.B - Get Free Report)'s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$31.12 and traded as high as C$35.74. Quebecor shares last traded at C$35.21, with a volume of 1,715,984 shares changing hands.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on the stock. Royal Bank of Canada increased their price objective on shares of Quebecor from C$35.00 to C$36.00 in a research report on Friday, August 9th. Scotiabank cut Quebecor from an "outperform" rating to a "sector perform" rating in a report on Thursday, October 10th. TD Securities lifted their price objective on Quebecor from C$36.00 to C$38.00 in a report on Thursday, October 10th. Finally, BMO Capital Markets increased their target price on Quebecor from C$35.00 to C$37.00 in a report on Thursday, September 5th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$37.56.
Get Our Latest Analysis on Quebecor
Quebecor Trading Down 0.4 %
The company has a debt-to-equity ratio of 363.97, a quick ratio of 0.35 and a current ratio of 1.01. The company has a market capitalization of C$5.53 billion, a PE ratio of 10.99, a PEG ratio of 1.43 and a beta of 0.39. The stock has a fifty day moving average of C$34.35 and a 200 day moving average of C$31.16.
Quebecor Company Profile
(
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Quebecor Inc operates in the telecommunications, media, and sports and entertainment businesses in Canada. Its Telecommunications segment offers television distribution, Internet access, business solutions, cable and mobile telephony, and over-the-top video services; and engages in the rental of movies, televisual products, and video games through its video-on-demand service and video rental stores.
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